A Money Market account allows convenient check and ATM access to your account while rewarding high balances with higher interest rates and a tiered interest structure.
A Money Market is a deposit account that combines features of checking and savings accounts. You can deposit money into your Money Market account to accrue interest at a higher rate and annual percentage yield (APY) than most standard savings accounts.
Your fixed rate grows as you reach new balance tiers. The more you deposit, the greater your return. Rates and APY update regularly, so view our most recent rates to stay up to date. Presence Bank Money Market accounts are available with an opening deposit of $2,500 or more.
You can deposit funds into your Money Market account through your nearest Presence Bank branch or ATM. You can also transfer funds between accounts using our online banking service or mobile app. The mobile app includes mobile deposit capabilities — simply upload an image of your paper check and select the account.
Withdrawal is available through Presence Bank branches and ATMs. We reimburse up to $15 in non-Presence ATM withdrawal fees monthly to ensure you can access your funds wherever life takes you. Maintain a balance of at least $2,500 to avoid a monthly account maintenance fee.
Experience the advantages of opening a Money Market account through Presence Bank.
Ready to increase your savings? Presence Bank can help. We are a historic institution with local roots committed to your personal financial growth. Visit your local branch or enroll with Presence Bank online to start a Money Market account and build toward your goals.
